New York City has largely regained residents who fled in the pandemic

Data suggest city has regained about three-quarters of pre-pandemic population

New York /
Nov.November 18, 2021 12:45 PM

The return of New York City residents appears to be taking place in some of the wealthiest neighborhoods (iStock/Illustration by Steven Dilakian for The Real Deal)

People may have fled the Big Apple during the height of the pandemic, but the city appears to have welcomed back most of the residents it lost.

New York City has seen a net gain of move-ins since July when compared to 2019 levels, according to a report from City Comptroller Scott Stringer. The data suggest about three-quarters of those who left during the pandemic have been regained or replaced.

The data, based on change-of-address data filed with the U.S. Postal Service, jibes with similar calculations undertaken by Queens College professor Andy Beveridge, according to Gothamist. The demographics expert found there were 33,000 more estimated move-outs than the baseline in 2020, but 23,000 more move-ins estimated than expected in 2021.

“It’s a straw in the wind that things are starting to go back to normal,” Beveridge told Gothamist.

The return of New York City residents appears to be taking place in some of the wealthiest neighborhoods, which residents were also most likely to leave amid the pandemic. From June to September, the highest net gains on a per-capita basis were seen in neighborhoods including Murray Hill, Greenwich Village and the Upper East Side.

The report pointed to the return of in-person activities as the fuel behind the return of residents. More employers are beginning to call people back to the office on a hybrid basis at the least, while schools returned to full-time in-person learning in September.

This is the latest of New York City’s recent population shifts to defy expectations. Census figures showed the city added 629,000 people between 2010 and 2020, boasting more than 8.8 million residents by the end of the decade.

The Big Apple’s revival comes as more data on movement of U.S. residents backpedals the so-called pandemic migration. Across the country, moves during the past year hit a 73-year low according to new data from the U.S. Census Bureau, which showed that only 8.4 percent of residents reported moving.

[Gothamist] — Holden Walter-Warner





    Related Articles

    arrow_forward_ios
    From left: Ryan Johnson and Jeff Berens, co-founders of Culdesac, in front of a rendering of Culdesac Tempe (Culdesac, iStock)
    Startup that wants to build car-free cities raises $30M Series A
    Startup that wants to build car-free cities raises $30M Series A
    Keith Powers, Democratic District 4 representative on the New York City Council, in front of 45 East 45th Street (Getty Images, The Roosevelt Hotel, iStock/Illustration by Steven Dilakian for The Real Deal)
    Local lawmakers aim to landmark shuttered Roosevelt Hotel
    Local lawmakers aim to landmark shuttered Roosevelt Hotel
    Eviction problems hit NJ, NY after moratoriums lift
    Eviction problems hit NJ, NY after moratoriums lift
    Eviction problems hit NJ, NY after moratoriums lift
    (iStock/Illustration by Kevin Rebong for The Real Deal)
    Existing home sales hit 15-year high in 2021
    Existing home sales hit 15-year high in 2021
    From left: Steven Roth, chief executive officer, Vornado Realty Trust; Kathy Hochul, governor of New York; Stephen Ross, chairman and founder, The Related Companies (Getty Images, iStock/Illustration by Steven Dilakian for The Real Deal)
    Real estate showers Hochul with cash
    Real estate showers Hochul with cash
    Joseph Tsai, executive vice chairman, Alibaba (Getty Images, LoopNet, iStock)
    Office behind Joseph Tsai revealed as buyer in 220 Central Park South megadeal
    Office behind Joseph Tsai revealed as buyer in 220 Central Park South megadeal
    Gov. Kathy Hochul Lays Out Replacement 421a (Getty Images, iStock, , Illustration by Kevin Cifuentes for The Real Deal)
    New name, same basic idea: Hochul pitches 421a reform
    New name, same basic idea: Hochul pitches 421a reform
    1107 Fifth Avenue and Richard Eisner (CityRealty, The New Jewish Home)
    EisnerAmper co-founder sells Carnegie Hill co-op for $35M
    EisnerAmper co-founder sells Carnegie Hill co-op for $35M
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...